LAO Report: California’s Taxes and Rules Mean Legal Marijuana Can’t Compete With Black Market Prices

In Politics by Michael Rae

Taxes assessed on legal marijuana products in California are too high and the taxing mechanisms are inefficient.  Those are the points Reason Foundation and others have made, noting that high taxes are largely to blame for the widespread persistence of California’s huge black market for marijuana.  Now, we can officially add

Read more at Reason.org